The DOL explained that, assuming expenses are reasonable, certain administrative expenses may be properly allocated to an individual plan participant's account, and other administrative expenses may be allocated pro rata among all plan participants.
What does PR stand for?
PR stands for Pro Rata (Latin: in proportion to)
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of PR
We have 88 other meanings of PR in our Acronym Attic
- Prices Realized
- Primary Responsibility
- Princeton Review
- Print (assembly language ASM51 assembler control)
- Print (Hyper Logo command)
- Printer (Apple II command)
- Priority Records (record label)
- Priority Regulation (US DoD)
Samples in periodicals archive:
Under the QEF method, shareholders able to obtain the necessary information from the PFIC may elect annual taxation on their pro rata share of the PFIC's ordinary earnings and capital gains.
Allocation of the cost basis of a loan between the portion sold and the portion retained had usually been on a pro rata basis between the portion of principal sold and the portion retained.